OYO is making a third attempt to go public, planning to file its Draft Red Herring Prospectus (DRHP) in November 2025 with a valuation goal of $7–8 billion – approximately 25-30 times its EBITDA – as investment banks and SoftBank weigh in.
MakeMyTrip has launched Myra – a generative AI-based travel assistant that supports trip planning, booking, and post-sales support in English and Hindi through text, voice, image, and video interactions, revolutionizing the customer experience on its platform.
Trivago achieved 17% year-over-year revenue growth in Q2 2025, marking its third straight quarter of gains, and finalized its acquisition of AI-powered travel tech company Holisto, signaling a strategic expansion beyond metasearch.
Folio, a startup streamlining financial operations for hotels, has raised $14 million in Series A funding to expand its AI-powered platform across the hospitality sector.
Six global travel tech startups have raised over $110 million, signalling strong momentum for smarter, more sustainable travel experiences.